The Europe Food Preservatives market has been estimated at USD 0.90 Billion in 2018 and is projected to reach USD 1 Billion by 2023, at a CAGR of 2.14% during the forecast period from 2016 to 2021. Meat and poultry markets utilize natural preservatives to maintain quality and increase product shelf-life. They are added to the food items to prevent the spoilage caused due to microbial growth. They are also used in different industries like bakery and snacks, Dairy and frozen products.

In Europe, there has been a great change in consumer preference in choice of food and type of food in accordance with the change in lifestyle. People are attracted to easily processed food, which reduces the burden of food preparation. These processed foods are added with food preservatives for long shelf life and taste enhancement. This is leading to an increase in the demand for food preservatives, with increasing consumption and demand of processed food, thus, driving the market growth. But, due to consumer awareness about the ill effects of chemical preservatives, the market growth is constrained.

Europe market for food preservatives are segmented into Type, Function and Application. Each of these segments are further sub segmented as follows Type: Natural and Synthetic; Function: Antimicrobials, Antioxidants, Chelating and enzyme inhibitors; Application: Beverages, Oils & fats, Bakery, Dairy & frozen products, Snacks, Meat, poultry, & seafood products, Confectionery, Other applications. Benzoic acid and Sodium benzoate are the most preferred preservatives, followed by sorbates. Sea food products, processed meat and poultry consume the major share of Europe food preservatives market. Beverage industry is the major consumer for preservatives, followed by meat industry.

Geographically, Europe market for food preservatives is segmented into U.K., Germany, France, Spain and Italy. The European market is witnessing an increase with increase in processed food consumption, due to which there is a high penetration of companies in the developed countries of Europe.

Major companies are partnering with diverse set of suppliers to boost their markets. BASF SE, Cargill Incorporated, Celanese Corporation are the major players in the Europe market. Other important companies include Chr. Hansen A/S, Kerry Group, Koninklijke DSM N.V, The Archer Daniels Midland Company, Corbion N.V., DuPont and JEY’S F.I. Inc.

1. Introduction

1.1 Market Definition

1.2 Study Deliverables

1.3 Base Currency, Base Year and Forecast Periods

1.4 General Study Assumptions

2. Research Methodology

2.1 Introduction

2.2 Research Phases

2.2.1 Secondary Research

2.2.2 Primary Research

2.2.3 Econometric Modelling

2.2.4 Expert Validation

2.3 Analysis Design

2.4 Study Timeline

3. Overview

3.1 Executive Summary

3.2 Key Inferences

3.3 New Developments

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

4.1 Market Drivers

4.2 Market Restraints

4.3 Key Challenges

4.4 Current Opportunities in the Market

5. Market Segmentation

5.1 By Type

5.1.1 Natural

5.1.2 Synthetic

5.2 By Function

5.2.1 Antimicrobials

5.2.2 Antioxidants

5.2.3 Chelating and enzyme inhibitors

5.3 By Application

5.3.1 Beverages

5.3.2 Oils & fats

5.3.3 Bakery and Confectionery products

5.3.4 Dairy & frozen products

5.3.5 Snacks

5.3.6 Meat products

5.3.7 Poultry products

5.3.8 Seafood products

5.3.9 Other food applications

6. Geographical Analysis

6.1 Introduction

6.2 U.K

6.3 Spain

6.4 Germany

6.5 Italy

6.6 France

7. Strategic Analysis

7.1 PESTLE analysis

7.1.1 Political

7.1.2 Economic

7.1.3 Social

7.1.4 Technological

7.1.5 Legal

7.1.6 Environmental

7.2 Porter’s Five analysis

7.2.1 Bargaining Power of Suppliers

7.2.2 Bargaining Power of Consumers

7.2.3 Threat of New Entrants

7.2.4 Threat of Substitute Products and Services

7.2.5 Competitive Rivalry within the Industry

8. Market Leaders' Analysis

8.1 BASF SE

8.1.1 Overview

8.1.2 Product Analysis

8.1.3 Strategic Evaluation and Operations

8.1.4 Financial analysis

8.1.5 Legal issues

8.1.6 Recent Developments

8.1.7 SWOT analysis

8.1.8 Analyst View

8.2 Cargill Incorporated

8.3 Celanese Corporation

8.4 Chr. Hansen A/S

8.5 Kerry Group

8.6 Koninklijke DSM N.V

8.7 The Archer Daniels Midland Company

8.8 Corbion N.V.

8.9 DuPont

8.10 JEY’S F.I. Inc.

9. Competitive Landscape

9.1 Market share analysis

9.2 Merger and Acquisition Analysis

9.3 Agreements, collaborations and Joint Ventures

9.4 New Product Launches

10. Expert Opinions

10.1 Market Outlook

10.2 Investment Opportunities

Appendix

a) List of Tables

b) List of Figures

Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail

Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market